PenFed Online

Service Fees

Current as of

Regular Share, Premium Online Savings, and Money Market Savings Account

Check Stop Payment (Individual) ............................................................................ 20.00

Check Stop Payment (Sequential Series) ........................................... 30.00

Returned Deposited Check ............................................................................ 5.00

Returned Inbound Electronic Transfer (Originated at PenFed) ........ 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ......................................................................................... 30.00
  • Uncollected Funds (Deposits on hold) ................................................... 10.00

Bill Pay ....................................................................................................................... FREE

MMSA Excessive Transactions ..................................................................... 10.00

Share and Money Market Savings Account:

Non-PenFed Branded ATM Withdrawal Fee* .................................................... 1.50

Non-PenFed Branded ATM Balance Inquiry Fee* ........................................... 1.00

International Transaction Fee ................... up to 2% of transaction amount

Checking Accounts

Access America

Monthly Service Charge ................................................................................. 10.00
No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.

Check Stop Payment (Individual) ............................................................................ 20.00

Check Stop Payment (Sequential Series) ........................................... 30.00

Returned Deposited Check ............................................................................ 5.00

Returned Inbound Electronic Transfer (Originated at PenFed)..... 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ............................................................................................ 30.00
  • Uncollected Funds (Deposits on hold) ....................................................... 10.00

Bill Pay ............................................................................................................................ FREE

Check Ordering (per order) ............................................................................... 5.00

International Transaction Fee ........................ up to 2% of transaction amount

Complete Access

Monthly Service Charge.................................................................................... 10.00
No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.

Check Stop Payment (Individual) ............................................................................ 20.00

Check Stop Payment (Sequential Series) ........................................... 30.00

Returned Deposited Check ............................................................................... 5.00

Returned Inbound Electronic Transfer (Originated at PenFed) .... 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ................................................................................................ 30.00
  • Uncollected Funds (Deposits on hold) ...........................................................10.00

Bill Pay .............................................................................................................................. 5.00

Check Ordering (per order) ................................................................................. 6.82

International Transaction Fee .................................. up to 2% of transaction amount

PenCheck Plus

Monthly Service Charge ........................................................................................ 10.00
No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.

Check Stop Payment (Individual) ............................................................................ 20.00

Check Stop Payment (Sequential Series) ........................................... 30.00

Returned Deposited Check .................................................................................. 5.00

Returned Inbound Electronic Transfer (Originated at PenFed) .... 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ................................................................................................ 30.00
  • Uncollected Funds (Deposits on hold) .......................................................... 10.00

Bill Pay ................................................................................................................................ 8.95

Check Ordering (per order) .................................................................................... 16.25

Non-PenFed Branded ATM Withdrawal Fee* ............................................................. 1.50

Non-PenFed Branded ATM Balance Inquiry Fee* ................................................... 1.00

International Transaction Fee .................................. up to 2% of transaction amount

PenCheck Net

Monthly Service Charge ........................................................................................ 10.00
No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.

Check Stop Payment (Individual) ............................................................................ 20.00

Check Stop Payment (Sequential Series) ........................................... 30.00

Returned Deposited Check .................................................................................... 5.00

Returned Inbound Electronic Transfer (Originated at PenFed) ...... 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ................................................................................................... 30.00
  • Uncollected Funds (Deposits on hold) ............................................................. 10.00

Bill Pay .................................................................................................................................. 4.50

PenCheck Net Fee is waived if you maintain an average monthly balance of at least $5,000 in the account.

Check Ordering (per order) ..................................................................................... 16.25

Non-PenFed Branded ATM Withdrawal Fee* ............................................................... 1.50

Non-PenFed Branded ATM Balance Inquiry Fee* ...................................................... 1.00

International Transaction Fee ............................. up to 2% of transaction amount

 

Credit Cards

Convenience Check Stop Payment (each)..................... 15.00

Two or More Simultaneous Stop Payment......................25.00

Rush Card Replacement............................................................15.00 / 17.50

Credit card fees and rates are in the Summary of Terms provided with the receipt of the credit card.

Loans

Returned Loan Payment, Check or ACH..................... 30.00

Late Charge on Loans (per payment) .................................29.00  

Thrifty Credit Service, Tax-Smart College Line, &
Personal Line of Credit Over Limit Fee (each time) ............ 15.00

Check Stop Payment .................................15.00  

Automobile Lien Placement Charge.........Actual Fee Incurred

Equity Line of Credit

Convenience Check Stop Payment (Individual) ..................... 20.00

Check Stop Payment (Sequential Series)............. 30.00

Over Credit Limit (per month)............................................ 20.00

Returned Check ........................................................ 30.00

Returned Loan Payment, Check or ACH..................... 30.00

Lien Release Processing...............................20.00

Late Charge......................................5% of Past Due Amount
                                                               Minimum 20.00

 

Mortgage and Equity Loans

Late Charge ...........................As provided in promissory note

Returned Loan Payment, Check or ACH......................30.00

Lien Release Processing...............................20.00

Services

Mailed Consolidated Statement of Accounts............... 2.00

This fee is waived if you: (1) receive your statements electronically; (2) have a PenFed checking account with a monthly direct deposit of at least $500; or (3) maintain a minimum daily balance of $500 or more in your PenFed checking account.

Mailed Credit Card Statement.................................... 1.00 

Fee is waived if you receive your statements electronically.

Statement Copy  ...............................................3.00 

Check Copy (each, after first four free).................................... 1.00

Western Union Money Order...................................... 12.00

Domestic Wire Transfer.............................................................. 25.00

International Wire Transfer.......................................... 30.00

ACH Transfer via Member Service.............................. 5.00 

There is no fee for ACH transfers initiated at PenFed.org

Real Estate Subordination Request.............................150.00

ACH Transfer via 3rd Party Servicer.........................Up to 10.00

Incidental Fees

Bad Address/Inactive Accounts (per quarter).................... 15.00

Garnishment or Levy Fee........................................... 20.00

Account Research (per hour).......................................... 15.00

 

‡Except where prohibited by law.

*For a complete listing of PenFed ATMs and surcharge fee-free ATM locations visit https://www.penfed.org/locations

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